Businesses Checking Accounts for All Types and Sizes

Our business checking accounts offer several choices for a small business, large corporation, non-profit or community organization. The Frandsen Bank & Trust business banking team will ensure your checking account is the right fit for your business.

Business Checking

Receive earnings credit to offset your monthly service charge

  • Calculated on average positive available balance less 10% reserve
  • Variable rate based on current market
  • More Account Features

Business Interest Checking

Earn interest on your account balance

Small Business Checking

Ideal for small businesses with limited transaction activity

  • 200 FREE combined transactions per statement cycle2
  • $0.50 per excess transaction2
  • Monthly account statement option:
    • eStatement—FREE
    • Paper Statement Fee—$5
  • Access to MoneyPass surcharge-free ATM network1
  • Free CardValet mobile app to help protect your debit card

Community Group Checking

Intended for small clubs or volunteer groups

  • 100 FREE combined transactions per statement cycle2
  • $0.15 per excess transaction2
  • Free statements
  • Access to MoneyPass surcharge-free ATM network1
  • Free CardValet mobile app to help protect your debit card

Business Money Market

Reserve excess funds in an interest-bearing account

  • Pays tiered interest
  • $10 monthly maintenance fee waived with $5,000 average monthly ledger balance
  • $3 Withdrawal Limit Fee will be charged for each withdrawal, transfer, and payment that exceeds 6 per monthly statement cycle3

Features of Business Checking and Business Interest Checking

Service charge

  • Monthly maintenance fee—$10
  • Check paid—$0.15 per item
  • Electronic debit or credit—$0.10 per item
  • Check deposited —$0.10 per item

Monthly account statement option

  • E-statement—FREE
  • Paper Statement Fee—$5

Charges incurred for negative balances

  • Calculated on average negative available balance
  • Based on Prime + 4.75%

Extras

  • Access to MoneyPass® surcharge-free ATM network1
  • Free CardValet® mobile app to help protect your debit card

1A $2 withdrawal fee will be assessed on all non-MoneyPass ATM withdrawals. In addition, non-MoneyPass ATM operators may assess a surcharge fee.
2 A transaction includes deposits, deposited items, checks paid, ACH debits and credits, debit card purchases, and ATM debits.
3 During your monthly statement cycle you may make six withdrawals, transfers, and payments by any means. A withdrawal, transfer, or payment is counted the date it posts to your account, which may be different from the date you make, authorize, transfer, or write the transaction.

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Open a New Deposit Account

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You are about to leave the Frandsen Bank Website.

The site you have selected is an external one located on another server. Frandsen Bank has no responsibility for any external website. It neither endorses the information, content, presentation, or accuracy, nor makes any warranties, express or implied, regarding the external site. Thank you for visiting Frandsen Bank.